Around 70% of stolen 1MDB asset, funds recovered, says Azam Baki

PUTRAJAYA: Around 70% worth of stolen assets and funds from 1Malaysia Development Bhd (1MDB) has been recovered so far, says Tan Sri Azam Baki (pic).

The Malaysian Anti-Corruption Commission (MACC) chief commissioner said the latest to be recovered was US$1.8bil (RM8bil) following a settlement with International Petroleum Investment Company (IPIC) and Aabar Investments PJS (Aabar PJS).